JAKARTA -- Indonesian super app provider GoTo on Wednesday reported a net loss of 5.5 trillion rupiah ($334 million) for the full year of 2024, narrowing 94% from the year earlier, on the back of its rapidly expanding digital financial business.
Companies
GoTo's loss narrows to $334m in 2024 as fintech business rises
Indonesian ride-hailing company's share up 3.7% despite holiday bonus plan for drivers
GoTo was formed in May 2021 through the merger of Indonesian ride-hailing and food delivery company Gojek and ecommerce platform Tokopedia. (Photo courtesy of GoTo)
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